Here are two examples of how a proposed development fee intended to raise money for parks in Minneapolis would be applied, depending on whether land or money was contributed:
NEIGHBORHOOD RESIDENTIAL DEVELOPMENT
Units: 100
Footprint: 108,900 square feet
Land option: 10,890 square feet
Fee option: $108,900
DOWNTOWN OFFICE BUILDING
Employees: 4,000
Footprint: 112,000 square feet
Land option: 11,200 square feet
Fee option: $800,000
STEVE BRANDT